1670 Oakbrook Dr, Norcross, GA 30093
- Commercial real estate
- 76,212 SF
- 15.02 lot acres
Current Use by Public Records
- Peachtree Environmental / Environmental Consultant / Environmental Program
- UED Studios / Film Production
- Terminix / Garden Center
- Banilla Games / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 1670 Oakbrook Dr
- Year built
- 1990
- Lot size
- 15.02 lot acres
- Zone code
- M1-LIGHT INDUSTRY
- Property type
- Commercial real estate
- APN
- 6-196 -142
- APU
- 6196142
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 2, 2021 | $18,949,188 | Pr Onward Atlanta Flex Industrial P | Mk Five Oaks LLC | Limited Warranty Deed | — |
| Nov 12, 2019 | — | Mk-five Oaks LLC | — | Loan Modification · related | $35.5M · Northern Tr |
| Nov 20, 2015 | $10,990,105 | Bre Abp Owner LLC | Business Park Investors Group | Grant Deed | — |
| Oct 26, 2006 | — | Business Park Investors Group Ow | Ap-southeast Realty | Trustees Deed | $48.3M · Wachovia Bank NA |
| Oct 26, 2006 | $62,000,000 | Business Park Investors Group Ow | Ap-southeast Realty | Grant Deed | — |
| Oct 24, 2006 | $62,000,000 | Business,park Investors Grp Ow | Ap,southeast Realty LP | Grant Deed | — |
| — | — | Business,park Investors Grp Ow | — | Deed Of Trust · related | $15.5M · State Bank & Trust |
Description
This exceptional 4,957-square-foot flex/warehouse space in Gwinnett County offers a prime location with easy access to Interstate I-85. The property features a versatile layout, ideal for a variety of businesses. The space includes 1,430 square feet of climate-controlled office space, providing a comfortable and functional workspace. The warehouse area boasts an impressive 18-foot ceiling height, allowing for ample storage and operational flexibility. Two drive-in doors ensure efficient loading and unloading of goods. Air conditioning is included in the warehouse area, maintaining a comfortable working environment year-round. The property is currently available for multiple tenants, with occupancy commencing October 1, 2024, under a lease term extending through August 31, 2028. This well-maintained property presents a fantastic opportunity for businesses seeking a strategic location and functional space in a thriving Gwinnett County market. The address is 1670 Oakbrook Drive, Suite 331. This industrial property is classified as a flex/warehouse space and is situated in Gwinnett County.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $15,435,000
- 6.5%
- $14,245,000
- 7%
- $13,230,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $13,276,000
Market price range: $4.35M - $13.3M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $17,560,000 Current use
- MEDICAL BUILDING
- $24,415,000 Change: +39% Conversion: Easy
- RETAIL STORES
- $20,585,000 Change: +17% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $20,080,000 Change: +14% Conversion: Difficult
- OFFICE BUILDING
- $18,600,000 Change: +6% Conversion: Easy
- WAREHOUSE, STORAGE
- $16,880,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norcross
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1954
- Latitude
- 33.9126
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
